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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (39402)	8/22/1999 1:19:00 PM
From: goldsheet	Respond to of 116872

> BTW having missed many of your posts, are you bullish or bearish on > gold and gold shares at this time? I evaluate gold stocks on the basis of their ratio to gold (an arbitrage based on relative value), and try to ignore the absolute values of either. This makes it hard to say if I'm bullish or bearish. I truly believe gold has made a bottom at $253, but don't expect to see gold over $300 for a while, maybe a year or more. This makes me think we're in a trading market, not a trending market. Therefore, I look for places to get in and out. I got out May 6 (ABX@23.25), back in on May 18 (ABX@17.5), and guess I'm looking for a place to get out. I'd sell ABX @20+, call me slightly bearish ???